15 Upper Boon Keng Road 380015, Boon Keng, Central Region, Singapore
$618,000
4 room flat for sale 88sqm (947sqft) Door to door, privacy, very high floor Number of storey in this block: 16 Renovated and move in condition, lift level, no odd shaped, spacious living area, quiet environment, unblocked view, facing the river. All can buy for this month. Don’t miss! Require extension Nearest LRT/MRT: Kallang MRT – 0.49m, Geylang Bahru MRT – 0.57km Within minutes walking distance to: Sheng Shiong & Fairprice Supermarket, coffeeshop, shops, market, food centre, Geylang West CC, Pelton Canal Park Connector, Singapore Sports Hub, Leisure Park, Kallang Tennis Centre, Kallang Football Hub, Indoor Stadiumm, Water Sports Centre, Mountbatten Square. Schools within 1km: Bendemeer Pri Please whatapps or call to view, open house date and time to be advised. Thank you. Jan Chong Associate Group Director 9665XXXX Disclaimer: (1) All land and built up areas are approximate measurements and subject to final survey and shall not form part of any offer or contract nor constitute any warranty by the salesperson and shall not be regarded as statements or representations of fact. (2) Images and floor plans shown are for illustration purposes and may not represent the actual property.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$389,319
S$411 psf
Asking Price
S$618,000
S$653 psf
vs Market
+58.7%
vs Last Done
+14.4%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Kallang
497m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$571
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$411
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 15 EUNOS CRES Floor 07 TO 09 | 958sqft | S$547,000 | ▲S$571 +38.9% vs FV | 99yr from 1977 |
Aug 2024 | Blk 15 EUNOS CRES Floor 07 TO 09 | 958sqft | S$547,000 | ▲S$571 +38.9% vs FV | 99yr from 1977 |
Blk 15 EUNOS CRES
Aug 2024 · Floor 07 TO 09
+38.9% vs FV
Blk 15 EUNOS CRES
Aug 2024 · Floor 07 TO 09
+38.9% vs FV
HELIOS AI Analysis
In the current landscape of Singapore's real estate market, the valuation of the HDB 4 Room unit in Geylang presents intriguing insights, particularly due to its remaining lease of 48 years. Priced at an estimated value of $389,319, translating to $411 per square foot, this property stands significantly above the market baseline, showcasing a remarkable 58.7% premium. Such a disparity raises questions about the underlying market dynamics and buyer sentiment in this vibrant district.
The model confidence for this valuation is categorized as low, primarily influenced by the reliance on a singular recent resale transaction in the vicinity. This limited data set, while indicative of current market conditions, may not fully encapsulate the broader trends affecting HDB properties in Geylang. The remaining lease period is critical, as properties with shorter leases often experience diminishing demand, yet this valuation suggests a unique market resilience or potential appreciation factors that merit further investigation. Stakeholders should consider these elements carefully when assessing the viability of investment in this area.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.